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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: Bill Grant who wrote (255557)5/16/2002 11:05:08 AM
From: Scumbria  Read Replies (2) | Respond to of 769670
 
Bill,

The debt is the accumulated sum of deficits and surpluses over time.

The only way to eliminate the debt is to pay it off. Having inherited a $250 billion surplus, GWB had the best opportunity in three decades to pay it off, but instead chose to increase it.

Increasing spending and simultaneously cutting taxes is a recipe for disaster.